Talking Turkey: The Business of Tripling Economic Output

By

Emre Peker

Sept. 17, 2012 11:47 a.m. ET

ISTANBUL—A shining star among emerging markets and an island of political stability straddling Europe and the Middle East, Turkey is dead set on tripling its economic output in the next decade and spreading its influence across the region.

The next 10 years are ripe with challenges, which Turkey must meet if it wants to join the world's top-10 economies and become a foreign-policy heavy weight, according to more than 30 policy makers including central bank Governor Erdem Başçi and Foreign Minister Ahmet Davutoğlu,...